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CIT aims to reach homeowners through Mutual Bank of Omaha acquisition

Bank Innovation

CIT Bank hopes to beef up its outreach to homeowners associations through its Mutual of Omaha Bank acquisition, which closed last week. The bank, which announced its intent to acquire Mutual of Omaha in August for $1 billion in cash and stock, said it intends to use Mutual of Omaha’s technology to create low-cost deposit […].

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Retailers, Banks Say Transaction Clarity Key To Moving From Dispute Management To Dispute Prevention

PYMNTS

Amid the great digital shift , retailers and financial institutions (FIs) must walk the fine line between challenging transactions and letting the consumer journey proceed frictionless. That’s driven the retailer to require merchandise, risk-driven signatures that can be dynamically altered, said Thompson. The Scope Of The Problem.

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Royal Bank of Canada, First National Bank of Omaha join BI Build speaker faculty

BankInovation

Top executives from Royal Bank of Canada and First National Bank of Omaha are slated to speak at the Bank Innovation Build digital event on Sept. Taking the virtual stage will be Rami Thabet, vice president of digital product at RBC, and Marc Butterfield, senior vice president of innovation and disruption at FNBO. They […].

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Walmart Amazon Whole Paycheck Tracker: New Expansions, Partnerships And Reorganizations

PYMNTS

Amazon is easily less than halfway through transforming retail by exploiting deep fulfillment moats established over many years,” said Canaccord Genuity Analyst Michael Graham. Nice review – particularly because it also noted that the eCommerce company still has a “size and capacity advantage,” before upping Amazon’s price target to $2,400.

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Spotlight on Specials

Independent Banker

Neil Stanley ( Neil@TheCorePoint.com ) is CEO and founder of The CorePoint, a company in Omaha, Neb. that sells retail deposit pricing and sales software. It is simple and it often works, but isn’t there a better way today to attract and retain funds? Expert Ideas. Offer an invitation-only Limited Edition Savings account.

Omaha 70
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Banks around the country respond to coronavirus

Bank Innovation

As the novel coronavirus continues to spread, rattling the economy, banks are reevaluating their business propositions to clients.? WaFd, formerly Washington Federal Bank, is offering interest-free lines of credit of up to $200,000 to small businesses as a result of the pandemic.

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